How Foreigners Can Buy Real Estate Property in Denmark

Generally, foreigners are not allowed to own real estate property in Denmark. The only exception here is that if the foreigner is taking permanent residence in the country. However, it is not as easy as saying so since there will be documents required to make this happen.

Again, getting these documents may not be as easy as most people would like them to be but submitting these legal requirements is the only way to go for serious intent to buy property in Denmark. Services of a lawyer will be needed. There are actually law firms that specialize in this kind of purchase made by foreigners. A local lawyer is the best person to handle this kind of transaction.

There are several sites that feature Denmark properties for sale although most of the property finder sites are not in the English language. Prospective buyers would be happy to know that in spite of this limitation, the pictures and the recognizable numbers provide the most important information. Buyers can ask for more information from an estate agent , if not the owner, while having the benefit of advice from a competent real estate adviser in Denmark.

Permission from the Ministry of Justice is a must. Otherwise, non-locals will not be allowed to buy any property in Denmark. The lawyer has the responsibility to submit the application to the Ministry. The required permit is given usually within 2 weeks unless something in the documents presented is not in order. The industry has had its share of highs and lows.